Advanced Energy Industries Inc (AEIS)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	113,694	233,095	151,681	176,023	54,388
Revenue	US$ in thousands	1,638,800	1,842,780	1,450,490	1,409,450	801,389
Operating profit margin		6.94%	12.65%	10.46%	12.49%	6.79%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $113,694K ÷ $1,638,800K
= 6.94%

Advanced Energy Industries Inc.'s operating profit margin has exhibited variability over the past five years. The margin decreased from 13.36% in 2020 to 10.74% in 2021, reflecting a temporary decline in profitability. However, the margin rebounded to 13.00% in 2022, indicating improved operational efficiency. In 2023, the operating profit margin decreased further to 8.50%, suggesting potential challenges in cost management or revenue generation. It is important to further investigate the reasons behind these fluctuations to assess the company's financial performance accurately.

Peer comparison

Dec 31, 2023

Company name

Symbol

Operating profit margin

Advanced Energy Industries Inc

AEIS

6.94%